[Assam] Guwahati to get first 5-star hotel

Pradip Kumar Datta pradip200 at yahoo.com
Sat Jun 2 02:12:52 EDT 2007


Guwahati to get first  5-star hotel
By A Staff  Reporter
 GUWAHATI, June 1 – The Guwahati Metropolitan Development Authority  (GMDA) today signed an MoU with Dharampal Satyapal (DS) Group to set up the  first five star hotel in Guwahati. The hotel will be set up in an area measuring  27 bighas at Gotanagar by the NH-37. 

The first phase of the hotel will  be completed within 24 months during which Rs 100 crore will be invested.  

In the first phase, the hotel will have 200 rooms with 5-Star facility  with all modern amenities expected by any business or leisure traveller, with  ultra-modern communication system in each room; a multi-cuisine restaurant for  100 persons, a coffee shop for 100 persons; a bar for 40-50 persons; a meeting  room for 25-50 persons; a large convention hall which can take 500 persons and  which can also be converted into two smaller convention halls. The convention  hall will have state-of-the-art business communication facilities. It will also  include a health club, a wellness centre, a swimming pool and a shopping arcade  for tourist essentials, etc.

The hotel is expected to make the city a  preferred destination for international conventions and functions. This will  also give impetus to tourism, which has enormous potential in the North East.  With an anticipated increase in various events, the plan for expanding the  facilities in the hotel over and above the current plans is likely to be taken  up in the second phase.

DS Group has already made an agreement in  principle with Carlson Hotels Asia Pacific for their five star brand RADISSON,  which will be operating the facility under a specific management agreement  contract with DS Group.

In the joint venture, the GMDA will get benefits  like Rs 25 lakh per annum as fixed amount with escalation of 15 per cent after  five years; Rs 14.4 lakh per year from preferential debentures; and Rs 84 lakh  per annum as dividend from the equity share of 7.47 per cent of the total  capital of Rs 100 crore from third year onwards).

The Rs 1,200-crore  Dharampal Satyapal Group (DS Group) is India’s leading diversified conglomerate  renowned for its commitment towards innovating premium quality products and  services.

       
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